FRANK BROWN, ESQUIRE, GOVERNOR.

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such estates, real, personal or mixed, as may be obtained with
the money aforesaid, and also with any and all other funds
that may come into its possession in course of its business
dealings, and may sell, grant, mortgage, lease and dispose of
the same in its discretion, will and pleasure, and execute,
acknowledge and deliver all deeds and legal instruments for
the same.

May hold
property.

SEC. 7. And be it enacted, That the following powers and
privileges are, also granted the said corporation : First, to
receive any personal property or estate on storage or safe
deposit on such terms or rates of charge as may be agreed on.
Second, to purchase, invest in and sell any kind of property,
real, personal or mixed, and to execute deeds, conveyances,
assignments or transfers thereof. Third, to receive deposits
of money, securities and other property from any person or
corporation, and to accumulate the same, and to issue certifi-
cates of deposits therefor, payable at such times and on such
terms, and allowing such rate of interest therefor as may be
agreed upon, not exceeding the legal rate of interest; provided
such certificates or bonds do not at any time exceed twice the
amount of the capital stock actually paid in. Fourth, to
loan money on promissory and negotiable notes, bills obliga-
tory or other evidences of debt, and to borrow money at such
rate of interest, not exceeding the legal rate, and on such
terms as may be agreed on, and to issue therefor the obliga-
tions or bonds of the said association, with or without coupons
attached.

Further

powers.

SEC. 8. And be it enacted, That this act shall take effect
from the date of its passage.

Approved March 14th, 1894.

Effective.